Saving for retirement through a Roth IRA

Tue., Jan. 25, 2011

A Roth Individual Retirement Account, commonly called a Roth IRA, remains a good option for long-term retirement saving, especially during these difficult economic times.

But is a Roth IRA right for you?

The Web features many sites with a wealth of information about the Roth IRA. Here are a few:

• AARP: Article poses three key questions about a Roth IRA, focusing on converting traditional IRA into a Roth account. http://www.aarp.org/money/investing/info-03-2010/roth-mania.html

• Dividend.com: Offers guide to Roth IRA basics, advantages and disadvantages, eligibility and more. http://www.dividend.com/ira- guide/roth-ira.php

• Fairmark: Covers Roth IRA eligibility, distributions and pluses and minuses. http://www.fairmark.com/rothira/roth101.htm

• Investopedia: Good primer on Roth IRA essentials and related topics. http://www.investopedia.com/terms/r/rothira.asp

• RothIRA.com: Spotlights IRA rules and basics, including income and contribution limits. http://www.rothira.com

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Saving for retirement through a Roth IRA

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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